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Memorandum to Chairman Eccles, Box 66, Folder 6, Item 11

Diversity is critical to the Federal Reserve, and we are firmly committed to fostering a diverse and inclusive culture throughout the Federal Reserve System. Collections within FRASER contain historical language, content, and descriptions that reflect the time period within which they were created and the views of their creators. Certain collections contain objectionable content—for example, discriminatory or biased language used to refer to racial, ethnic, and cultural groups. These viewpoints and attitudes are inconsistent with our values, but the original descriptions are retained to ensure that they are not erased from the historical record.
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Smead, Edward Leon, 1884-1983. Memorandum to Chairman Eccles, Box 66, Folder 6, Item 11, Marriner S. Eccles Papers. https://fraser.stlouisfed.org/archival/1343/item/467922, accessed on May 25, 2022.

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Documenting financial impact of Section 13b of Federal Reserve Act; includes figures on amount payable to the Board of Governors under HR 4804, a summary of operations under Section 13b from 1934-1943, and termination loan scenario under S 1918.

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